Wedbush Maintains Outperform on Builders FirstSource, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless maintains an Outperform rating on Builders FirstSource (NYSE:BLDR) but lowers the price target from $215 to $175.
June 25, 2024 | 1:48 pm
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NEUTRAL IMPACT
Wedbush analyst Jay McCanless maintains an Outperform rating on Builders FirstSource but lowers the price target from $215 to $175.
The Outperform rating suggests continued confidence in the stock's performance, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100